Have you ever wondered how the value of money changes over time? It's like a rollercoaster! This news is about Bitcoin, a type of digital money called cryptocurrency, and how it might be a good way to protect your money from losing value due to inflation (when prices go up).
Bitcoin is like digital gold, super rare and only a limited amount will ever exist. It's different from regular money because it's not controlled by a bank or government. It's created using lots of energy through a process called 'mining'.
- Bitcoin's price has gone up and down a lot recently.
- Some people think it could become a good way to protect money from inflation, just like gold has been in the past.
- Bitcoin is becoming rarer and rarer over time making it potentially more valuable.
| Thing | Fact |
|---|---|
| Bitcoin's price range (past year) | $49,784 - $109,012 |
| Gold's price range (past year) | $2,088 - $2,974 |
| Total number of Bitcoins | 21 million (limited!) |
It's important to remember that investing in Bitcoin is risky, and its price could go down as well as up. This isn't financial advice; just some interesting news!
